Beazley strengthens focus on Life Sciences

PR Newswire

CHICAGO, Oct. 8, 2013 /PRNewswire/ -- Beazley Group (BEZ.L), a leading insurer of healthcare professional liability and miscellaneous medical risks, today announced the addition of Laura Kay Sunderlin to its healthcare team, expanding the insurance company's capabilities offered to the life sciences sector.

The addition of Ms. Sunderlin, who joins Beazley from ACE Group's Life Sciences division, will broaden Beazley's healthcare underwriting capabilities. Her extensive experience within the life sciences sector significantly enhances the team's existing industry focus. 

Ms. Sunderlin's previous experience spans over twenty-five years in the insurance industry. Most recently, as Vice President and Regional Manager for ACE Group's Life Sciences division she was responsible for business planning and development of California, the Pacific Northwest and Western regions.

Ms. Sunderlin will work alongside Evan Smith, who heads Beazley's miscellaneous medical underwriting team in Chicago. She will focus on the expansion of the team's life sciences business, targeting industry niches such as clinical trials and certain Biotech and non invasive medical products liability exposures that fit within Beazley's underwriting appetite.

Adrian Cox, Head of Specialty Lines, said, "We see great opportunity in the life sciences industry and with Laura's knowledge and underwriting talent, we have the capability to realize these ambitions."

Nat Cross, Healthcare Focus Group Leader, added, "Laura's expertise will nicely complement our European initiative to expand clinical trials writings in that region." 

With underwriters in London, Chicago, and San Francisco, Beazley's substantial and growing healthcare practice currently serves five of the top Honor Roll hospitals and six of the top ten pediatric hospitals as listed by US News and World Report, in addition to 24% of HealthGrade's top hospitals (2012 rankings).

Note to editors:

Beazley plc (BEZ.L), is the parent company of specialist insurance businesses with operations in Europe, the US, Asia and Australia. Beazley manages five Lloyd's syndicates and, in 2012, underwrote gross premiums worldwide of $1,895.9m.

Beazley's underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd's.

Beazley is a market leader in many of its chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business.
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